Menu
Forums
All threads
Latest threads
New posts
Trending threads
New posts
Search forums
Trending
What's new
New posts
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Upgrades
Log in
Register
What's new
Search
Search
Search titles only
By:
All threads
Latest threads
New posts
Trending threads
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Forums
Community
General Chat
Bitcoins
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Ethereal" data-source="post: 385427" data-attributes="member: 32830"><p>Bitcoin is great because it allows complete anonymity and rapid transfer of funds, though it fluctuates greatly all the damn time. Funnily, I could rob that paper wallet of yours, spend the funds, and you couldn't even prove it was me who spent them. (anonymity at its finest <img src="https://cdn.betterttv.net/emote/567b00c61ddbe1786688a633/1x" alt="" class="fr-fic fr-dii fr-draggable " style="" />) This is especially true for virtual wallets.</p><p></p><p>The more interesting side of Cryptocurrency is how each transaction is validated, Bitcoin uses double Sha256 hashes to keep the network secure- which is very secure, yet bad for the environment due to the amount of power and heat it takes to compute, unlike memory based Skrypt or Sha3. Bitcoin mining is a interesting topic in itself, especially since ASIC mining has been so prominent in recent years.</p><p></p><p>I'm glad I cashed my BTC back in 2014, before the crash, I spent too long mining those fuckers back in the day.</p></blockquote><p></p>
[QUOTE="Ethereal, post: 385427, member: 32830"] Bitcoin is great because it allows complete anonymity and rapid transfer of funds, though it fluctuates greatly all the damn time. Funnily, I could rob that paper wallet of yours, spend the funds, and you couldn't even prove it was me who spent them. (anonymity at its finest [IMG]https://cdn.betterttv.net/emote/567b00c61ddbe1786688a633/1x[/IMG]) This is especially true for virtual wallets. The more interesting side of Cryptocurrency is how each transaction is validated, Bitcoin uses double Sha256 hashes to keep the network secure- which is very secure, yet bad for the environment due to the amount of power and heat it takes to compute, unlike memory based Skrypt or Sha3. Bitcoin mining is a interesting topic in itself, especially since ASIC mining has been so prominent in recent years. I'm glad I cashed my BTC back in 2014, before the crash, I spent too long mining those fuckers back in the day. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Community
General Chat
Bitcoins
Top